Adani Enterprises has completed the divestment of its entire stake in PT Adani Global (Indonesia) (“PTAG”). Consequently, PTAG and its subsidiaries have ceased to be step-down subsidiaries of the company, effective from November 28, 2025. This divestment, initially announced on November 6, 2025, aligns with the company’s strategic objectives.
Divestment Completion
Adani Enterprises announced the completion of the divestment of its entire stake in PT Adani Global (Indonesia) (PTAG), effective November 28, 2025. This follows an earlier intimation on November 6, 2025, regarding the signing of a Securities Purchase Agreement.
Impact on Subsidiaries
With the completion of this divestment, PTAG and its subsidiaries are no longer step-down subsidiaries of Adani Enterprises. The information regarding this divestment was received by the company on November 28, 2025, at 12:46 PM.
Previous Disclosure
Details related to this divestment were previously disclosed in an earlier intimation letter dated November 6, 2025.
Source: BSE
